Acumatica's Inventory Management

Elevate customer experience by ensuring contracts are honoured and orders are fulfilled promptly. Gain real-time visibility into multi-location inventory levels, enabling stock reservations and effective management of back orders, returns, credits, and exchanges.

Achieve superior fulfillment performance through effective inventory management. Prevent stock-outs by utilizing safety stock, minimum and maximum order quantities, and customizable demand forecast models to optimize order fulfillment rates.

Ensure precise financial tracking with real-time inventory cost monitoring, minimizing surprises in terms of goods sold and inventory carrying costs. Implement lot and serial tracking for specific inventory cost accuracy or choose from methods like average, standard, or first-in-first-out (FIFO).

Minimize rush orders, identify cost-effective suppliers, reduce freight expenses, and mitigate losses from obsolete inventory. Leverage advanced inventory replenishment strategies, track expiration dates for efficient stock rotation and picking, and use ABC codes to classify inventory movement rates.

Boost inventory turnover rates through smart replenishment and automation, incorporating safety stock and min/max order quantities, as well as seamless warehouse transfers. Improve inventory precision with barcode technology and regular physical inventory cycle counts.

Harness the power of matrix items to create product families based on attribute variations, simplifying the management of lot and serial-tracked items. Customize units of measurement and their conversions on-the-fly to adapt to changing business needs.

Automatically calculate replenishment needs based on defined minimums, maximums, lead times, and seasonality. Consider safety stock and utilize forecast models for accurate planning.

Establish and manage numerous warehouse locations, including specific stocking areas like aisles, rows, racks, slots, and bins. Designate default locations for receiving, returns, shipping, and other activities. Prioritize pick locations according to item and warehouse for optimized fulfillment.

Effectively handle variations in size, colour, and other characteristics through matrix item attributes. This streamlined approach simplifies item management, procurement, and sales processes. Leverage matrix views to effortlessly update prices and descriptions for related products within a product family.

Set up movement classes and ABC rank codes to dictate how frequently inventory is counted, making cycle counting efficient. Flexible schedule counts to suit your needs.

Manage intricate pricing rules and discount policies, encompassing volume discounts and various discounts per item. Control price overrides, client pricing, and commission structures with ease.

Designate a preferred supplier for each item and specify minimal delivery frequencies and order quantities. Create connections between internal, vendor, and customer items for seamless communication.

Specify adjustable packaging for inventory items, along with convertible unit measures for weight and volume. Standard and customized conversions simplify inventory management.

Utilize integrated shipping functionality for small package carriers (FedEx, UPS, Stamps.com for USPS) and LTL carriers (with EasyPost). Streamline shipping processes and enhance logistical efficiency.

Determine inventory value employing standard, average, actual, or FIFO costing techniques. Administer present and forthcoming standard costs via workflows that facilitate cost updates and inventory revaluation. Examine past cost trends over time.

Construct kits for stock or customization. Break down assembled kits into their constituent parts.

Employ expiration dates and shelf life to govern perishable inventory, ensuring first-expired-first-out (FEFO) picking. Record and generate batch and serial numbers for traceable inventory lots.

Supervise non-stock products, such as warranties, services, or labour, without quantity restrictions. Receive and return these items independently from inventory management.

Maximize warehouse capacity and decrease holding charges with the Dead Stock Detection Inquiry, which highlights underutilized inventory.

Transform non-stock things into stocked items, and vice versa, to optimize procedures.

Gather insights into real-time inventory turnover to guide restocking, warehouse layout optimization, and overall inventory administration improvements.

Monitor business performance using tailored dashboards designed for warehouse, purchasing, shipping, and receiving managers.

Quickly access essential information through side panels featuring vendors, items, order particulars for sales orders, shipments, purchase orders, receptions, stock and non-stock item maintenance, kit assembly, and additional functions.

Leverage connected applications that automate data entry with built-in barcode scanning and adaptable label printing capacities for reports, business documents, and item or site identification tags.

Transfer goods manually between storage facilities or set up automatic replenishment centers to systematize dealings.

Enhance product quality control by integrating the Quality Management Suite (QMS) for Acumatica. Specify and conduct quality assessments during inventory intake, dispatch, kitting, manufacturing, or reversals, complete with COAs, NC monitoring, and CAPA initiatives.